The end-of-line packaging market attained a value of US$ 5.125 billion in 2022 and is anticipated to witness substantial growth with a compound annual growth rate (CAGR) of 4.3% until 2032, reaching a projected value of US$ 7.978 billion.
The global end-of-line packaging market’s expansion is primarily attributed to the increasing adoption of end-of-line packaging solutions across diverse industries. These solutions are sought after for their ability to streamline packaging processes, reduce packaging costs, and improve overall packaging systems. The industrial sector, in particular, is experiencing a notable shift towards automation to enhance manufacturing processes, which in turn is propelling the growth of the end-of-line packaging market. Furthermore, the escalating consumption of packaged beverages is adding to the demand for end-of-line packaging solutions.
The rising need to enhance workplace conditions through automation serves as a significant driver for the adoption of end-of-line packaging systems. Many industries are embracing these packaging solutions to not only lower packaging expenses but also cater to the evolving demand for customized packaging sizes and forms, meeting consumer preferences effectively.
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The e-commerce and retail sectors, experiencing rapid growth, are creating a higher demand for end-of-line packaging solutions and well-packaged products in the market. The efficiency and effectiveness of end-of-line packaging contribute to improved packaging processes, and the integration of robot systems and automation enhances production efficiency and reduces physical tasks. This creates valuable opportunities for growth in the end-of-line packaging market.
The implementation of end-of-line packaging systems nullifies human errors and reduces the need for training packaging personnel whenever new packaging technologies are introduced. It eliminates manual tasks such as palletizing, packing, and sorting, reducing the risk of product damage and human errors. These advantages have increased the adoption of end-of-line packaging in the manufacturing sector.
The pharmaceutical industry is also increasingly adopting advanced end-of-line packaging systems to improve product traceability in the supply chain, driving further growth in the end-of-line packaging market.
Overall, the end-of-line packaging market is expected to experience significant growth during the forecast period, driven by the need to reduce packaging costs, enhance packaging systems, improve workplace conditions, cater to the demands of the e-commerce and retail sectors, mitigate human errors, and meet the requirements of the pharmaceutical industry.
Key Takeaways from End-of-line Packaging Market
- The automatic end-of-line packaging segment under technology is estimated to register a CAGR of 5.1% during the forecast period reaching USD 5.3 Billion by 2032 due to the reduced time and cost of labor with its use.
- The food and beverage segment is expected to remain the leading end use sector. During the forecast period, the food and beverages segment is expected to grow at a CAGR of 6.0%.
- Based on end use industry, the food & beverages segment is projected to hold around a 2/5th portion of the market by the end of 2032.
- The food and beverages segment is expected to lead the end use sector of the end-of-line packaging market, reaching USD 3.119 billion by 2032.
- The increasing end use industries and rising adoption of end-of-line packaging along with latest technologies in Europe and North America are anticipated to boost the sales of end-of-line packaging in these regions.
- The U.S. end-of-line packaging market to have the highest market size of US$ 1308 Million for 2032 with a sluggish CAGR of 3.5%.
- China end-of-line packaging market is expected to lead with the highest CAGR of 6.6% during the forecast period, reaching US$ 827 Million by 2032.
- India end-of-line packaging market is expected to have the second highest CAGR of 5.2% for 2032, reaching US$ 577 million by 2032.
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“Automatic End of line Packaging are Gaining Immense Market Popularity across the Regions, Due to Increased Investments in Research & Development by Machinery Manufacturers Worldwide and Increased Demand for Various Packaging Products.” – says FMI analyst
End-of-line Packaging Market Landscape
ProMach, Inc., DS Smith plc, Synerlink (A barry-Wehmiller Company), Rovema GmbH, Stevanato Group, WestRock Company, and Uhlmann Pac-Systeme are the key players operating in the end-of-line packaging market.
Also, some of the other noticeable end-of-line packaging market players include ENDFLEX, Shemesh Automation Ltd, OPTIMA packaging group GmbH, INFINITY AUTOMATED SOLUTIONS PVT. LTD, nVenia LLC, ADCO Manufacturing, J+P Maschinenbau GmbH, EOL Packaging Experts GmbH, Hualian Machinery Group Co. Ltd., and others. The players in the tier 1 hold approximately 15-20% of the global end-to-line packaging market.
Recent Development:
The end-to-line packaging market witnessed two major acquisitions to strengthen the technologies:
ProMach will acquire Serpa Packaging, a leading provider of cartoning and end-of-line solutions, in 2021. Serpa joins ProMach’s portfolio of automated cartoning systems, significantly expanding ProMach’s specialised secondary packaging machinery and line integration capabilities for the rapidly growing pharmaceutical industry.
Duravant Group will acquire Cloud Packaging Solutions in 2020. Duravant also announced that, as a result of the synergies between Cloud’s product offerings and the portfolio of highly engineered equipment offered by Duravant operating company Mespack, Cloud Packaging Solutions will be renamed Mespack-Cloud, a Duravant Company.
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End-of-line Packaging Market by Category
By Technology, End-of-line Packaging Market is segmented as:
- Automatic
- Semi-automatic
By Function, End-of-line Packaging Market is segmented as:
- Stand-alone
- Integrated
By End Use Industry, End-of-line Packaging Market is segmented as:
- Food & Beverages
- Pharmaceutical
- Electronics and semiconductor
- Automotive
- Others (Chemicals, etc.)
By Region, End-of-line Packaging Market is segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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